Data Mortgage Rates, Fees & Info

Sacramento, CA

LEI: 5493008E4KBJCB6UKR64

Tax ID: 33-0175937

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Data Mortgage is a smaller mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. Data Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Los Angeles, Las Vegas, Riverside, Sacramento, and San Diego among others. We have data for 142 markets. (Some data included below & more in-depth data is available with an active subscription.)

Data Mortgage has an above average approval rate when compared to the average across all lenders. Data Mortgage is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.55% 11/17/24
30 Year Conventional Refi 6.62% 11/17/24
30 Year Cash-out Refi 6.87% 11/17/24
30 Year FHA Purchase 7.86% 11/17/24
30 Year FHA Refi 7.11% 11/17/24
30 Year VA Purchase 6.55% 11/17/24
30 Year VA Refi 6.27% 11/17/24
30 Year USDA Purchase 7.11% 11/17/24
15 Year Conventional Purchase 6.65% 11/17/24
15 Year Conventional Refi 6.27% 11/17/24
15 Year Cash-out Refi 6.27% 11/17/24
15 Year FHA Purchase 8.62% 11/17/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Data Mortgage Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Data Mortgage. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

2,602

Origination Dollar Volume (All Markets)

$856,880,000

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 569 $276,945,000 $486,722 $6,582 3.16%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 691 $185,705,000 $268,748 $5,805 3.29%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 210 $77,340,000 $368,286 $6,615 3.10%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 201 $67,065,000 $333,657 $6,331 3.23%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 61 $25,435,000 $416,967 $5,663 3.36%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 56 $16,790,000 $299,821 $4,479 3.40%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 39 $15,575,000 $399,359 $5,474 3.15%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 70 $14,690,000 $209,857 $5,180 3.32%
Outside of Metro Areas 57 $11,805,000 $207,105 $5,487 3.29%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 15 $9,605,000 $640,333 $13,392 2.80%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 36 $9,460,000 $262,778 $5,508 3.05%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 12 $7,630,000 $635,833 $7,979 3.18%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 36 $7,010,000 $194,722 $6,281 3.43%
YUBA CITY, CA (FHA|USDA|VA) 22 $6,600,000 $300,000 $8,597 2.87%
PROVO-OREM, UT (FHA|USDA|VA) 20 $5,330,000 $266,500 $5,516 3.40%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 18 $5,090,000 $282,778 $6,890 3.72%
SALT LAKE CITY, UT (FHA|USDA|VA) 20 $4,860,000 $243,000 $5,286 4.05%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 15 $3,995,000 $266,333 $6,262 3.32%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 10 $3,540,000 $354,000 $7,871 3.05%
Truckee-Grass Valley, CA (FHA|USDA|VA) 9 $3,315,000 $368,333 $8,372 3.22%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 16 $3,260,000 $203,750 $6,640 3.95%
MODESTO, CA (FHA|USDA|VA) 14 $3,230,000 $230,714 $6,855 3.63%
BAKERSFIELD, CA (FHA|USDA|VA) 16 $3,150,000 $196,875 $5,573 3.25%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 11 $3,055,000 $277,727 $6,183 3.19%
STOCKTON, CA (FHA|USDA|VA) 9 $2,985,000 $331,667 $5,568 3.10%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 20 $2,980,000 $149,000 $4,781 2.49%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 16 $2,750,000 $171,875 $7,330 3.00%
VALLEJO, CA (FHA|USDA|VA) 7 $2,705,000 $386,429 $9,047 3.21%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 7 $2,605,000 $372,143 $3,945 2.88%
FRESNO, CA (FHA|USDA|VA) 13 $2,595,000 $199,615 $5,095 2.62%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 7 $2,385,000 $340,714 $4,538 2.72%
ST. CLOUD, MN (FHA|USDA|VA) 12 $2,380,000 $198,333 $4,721 3.47%
TUCSON, AZ (FHA|USDA|VA) 9 $2,245,000 $249,444 $6,009 3.38%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 9 $2,225,000 $247,222 $4,358 3.72%
BOISE CITY, ID (FHA|USDA|VA) 4 $2,080,000 $520,000 $5,518 2.84%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 15 $2,005,000 $133,667 $4,636 2.98%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 6 $1,960,000 $326,667 $6,339 3.04%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 5 $1,935,000 $387,000 $6,773 3.02%
COLUMBIA, SC (FHA|USDA|VA) 9 $1,795,000 $199,444 $5,232 4.06%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 5 $1,775,000 $355,000 $10,883 3.20%
JACKSONVILLE, FL (FHA|USDA|VA) 12 $1,760,000 $146,667 $4,640 4.68%
SALINAS, CA (FHA|USDA|VA) 3 $1,675,000 $558,333 $3,375 3.13%
NAPA, CA (FHA|USDA|VA) 3 $1,545,000 $515,000 $11,624 3.29%
OCALA, FL (FHA|USDA|VA) 9 $1,395,000 $155,000 $4,730 2.97%
Pahrump, NV (FHA|USDA|VA) 6 $1,330,000 $221,667 $7,538 3.31%
YUMA, AZ (FHA|USDA|VA) 8 $1,250,000 $156,250 $4,208 2.84%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 5 $1,235,000 $247,000 $4,274 3.28%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 4 $1,220,000 $305,000 $10,650 3.97%
CHICO, CA (FHA|USDA|VA) 6 $1,150,000 $191,667 $7,314 2.92%
WILMINGTON, NC (FHA|USDA|VA) 3 $1,105,000 $368,333 $10,180 3.38%
Clearlake, CA (FHA|USDA|VA) 3 $1,095,000 $365,000 $6,160 2.67%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 5 $1,095,000 $219,000 $5,601 2.75%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $1,075,000 $358,333 $5,875 3.42%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 5 $1,055,000 $211,000 $5,681 3.40%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 6 $1,050,000 $175,000 $3,816 4.17%
BOULDER, CO (FHA|USDA|VA) 2 $1,000,000 $500,000 $6,233 3.38%
FLAGSTAFF, AZ (FHA|USDA|VA) 3 $915,000 $305,000 $4,148 3.50%
RENO, NV (FHA|USDA|VA) 3 $845,000 $281,667 $7,265 3.08%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $830,000 $415,000 $12,621 3.19%
COLORADO SPRINGS, CO (FHA|USDA|VA) 4 $770,000 $192,500 $3,578 3.66%
Kalispell, MT (FHA|USDA|VA) 2 $740,000 $370,000 $5,138 3.25%
VISALIA, CA (FHA|USDA|VA) 3 $635,000 $211,667 $5,539 3.50%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 3 $635,000 $211,667 $6,986 2.42%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $630,000 $315,000 $18,302 3.69%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 5 $615,000 $123,000 $3,966 2.33%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 6 $600,000 $100,000 $3,607 1.69%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $575,000 $191,667 $3,485 2.96%
CARSON CITY, NV (FHA|USDA|VA) 1 $575,000 $575,000 $8,978 4.99%
SPARTANBURG, SC (FHA|USDA|VA) 2 $570,000 $285,000 $11,336 3.38%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 3 $535,000 $178,333 $2,882 4.13%
FORT COLLINS, CO (FHA|USDA|VA) 1 $515,000 $515,000 $4,862 3.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $515,000 $515,000 $6,008 3.63%
Port Angeles, WA (FHA|USDA|VA) 2 $490,000 $245,000 $2,769 2.78%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $485,000 $161,667 $4,384 3.63%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 4 $480,000 $120,000 $7,937 1.94%
Elko, NV (FHA|USDA|VA) 2 $460,000 $230,000 $3,235 3.06%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $455,000 $455,000 $6,021 3.25%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $440,000 $220,000 $3,584 2.59%
ODESSA, TX (FHA|USDA|VA) 4 $440,000 $110,000 $4,676 3.66%
Oak Harbor, WA (FHA|USDA|VA) 1 $435,000 $435,000 $21,338 3.63%
GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $425,000 $425,000 $8,402 3.50%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $415,000 $415,000 $3,089 3.13%
CORVALLIS, OR (FHA|USDA|VA) 2 $410,000 $205,000 $7,803 4.81%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $410,000 $205,000 $4,497 3.06%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $405,000 $405,000 $0 2.05%
MIDLAND, TX (FHA|USDA|VA) 1 $405,000 $405,000 $9,497 5.13%
TALLAHASSEE, FL (FHA|USDA|VA) 4 $400,000 $100,000 $6,304 3.31%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $355,000 $355,000 $9,949 2.88%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $350,000 $175,000 $105 2.57%
SANTA FE, NM (FHA|USDA|VA) 1 $345,000 $345,000 $10,776 3.25%
ALEXANDRIA, LA (FHA|USDA|VA) 1 $335,000 $335,000 $6,833 2.88%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $325,000 $325,000 $4,385 3.00%
GRANTS PASS, OR (FHA|USDA|VA) 1 $325,000 $325,000 $6,009 3.38%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $295,000 $295,000 $2,705 3.63%
BATON ROUGE, LA (FHA|USDA|VA) 1 $275,000 $275,000 $6,178 2.88%
Outside of Metro Areas 1 $275,000 $275,000 $3,792 2.63%
JACKSON, MS (FHA|USDA|VA) 1 $275,000 $275,000 $10,777 3.25%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $275,000 $275,000 $4,841 3.25%
MEDFORD, OR (FHA|USDA|VA) 1 $265,000 $265,000 $5,177 3.50%
BELLINGHAM, WA (FHA|USDA|VA) 1 $265,000 $265,000 $8,820 4.00%
Fernley, NV (FHA|USDA|VA) 1 $265,000 $265,000 $2,392 3.13%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $260,000 $130,000 $3,856 2.31%
Augusta-Waterville, ME (FHA|USDA|VA) 1 $255,000 $255,000 $4,382 2.88%
HATTIESBURG, MS (FHA|USDA|VA) 1 $255,000 $255,000 $3,399 3.00%
BEND, OR (FHA|USDA|VA) 1 $255,000 $255,000 $10,667 2.25%
Heber, UT (FHA|USDA|VA) 1 $245,000 $245,000 $0 2.32%
GAINESVILLE, GA (FHA|USDA|VA) 1 $245,000 $245,000 $4,273 2.50%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $245,000 $245,000 $3,823 4.38%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $235,000 $235,000 $8,168 4.75%
LONGVIEW, WA (FHA|USDA|VA) 2 $230,000 $115,000 $0 2.95%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $225,000 $225,000 $7,538 3.38%
SPRINGFIELD, IL (FHA|USDA|VA) 2 $220,000 $110,000 $3,581 1.63%
SALEM, OR (FHA|USDA|VA) 2 $220,000 $110,000 $3,837 2.97%
ASHEVILLE, NC (FHA|USDA|VA) 1 $215,000 $215,000 $5,686 4.25%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $215,000 $215,000 $7,409 2.88%
MERCED, CA (FHA|USDA|VA) 1 $215,000 $215,000 $3,915 2.88%
ALBANY, GA (FHA|USDA|VA) 1 $215,000 $215,000 $4,020 2.75%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $215,000 $215,000 $5,218 3.38%
Wilson, NC (FHA|USDA|VA) 2 $210,000 $105,000 $4,411 4.88%
ROCKY MOUNT, NC (FHA|USDA|VA) 2 $210,000 $105,000 $5,371 2.00%
Madisonville, KY (FHA|USDA|VA) 1 $205,000 $205,000 $7,646 3.63%
Brainerd, MN (FHA|USDA|VA) 1 $205,000 $205,000 $4,124 2.38%
FAYETTEVILLE, NC (FHA|USDA|VA) 2 $190,000 $95,000 $2,178 4.38%
AMARILLO, TX (FHA|USDA|VA) 2 $190,000 $95,000 $4,909 4.63%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $185,000 $185,000 $0 3.06%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $185,000 $185,000 $0 2.95%
PANAMA CITY, FL (FHA|USDA|VA) 2 $180,000 $90,000 $4,030 4.88%
CLEVELAND, TN (FHA|USDA|VA) 1 $175,000 $175,000 $6,413 3.63%
Klamath Falls, OR (FHA|USDA|VA) 2 $170,000 $85,000 $4,043 4.63%
WICHITA, KS (FHA|USDA|VA) 1 $165,000 $165,000 $3,595 3.50%
SAVANNAH, GA (FHA|USDA|VA) 1 $165,000 $165,000 $5,125 3.63%
WACO, TX (FHA|USDA|VA) 1 $145,000 $145,000 $4,766 3.00%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $135,000 $135,000 $0 3.07%
Show Low, AZ (FHA|USDA|VA) 1 $135,000 $135,000 $2,924 2.50%
Georgetown, SC (FHA|USDA|VA) 1 $125,000 $125,000 $5,520 2.88%
ROCHESTER, MN (FHA|USDA|VA) 2 $120,000 $60,000 $2,788 1.75%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $115,000 $115,000 $0 3.09%
Cedar City, UT (FHA|USDA|VA) 1 $115,000 $115,000 $3,120 2.50%
EL PASO, TX (FHA|USDA|VA) 1 $105,000 $105,000 $5,099 3.63%
EL CENTRO, CA (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.10%
Cedartown, GA (FHA|USDA|VA) 1 $95,000 $95,000 $5,672 2.88%
GREAT FALLS, MT (FHA|USDA|VA) 1 $85,000 $85,000 $4,682 3.25%
Data Mortgage's top markets include Los Angeles, Las Vegas, Riverside, Sacramento, and San Diego among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against DATA MORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    STRATA Credit Union
    Similarity Rank: 195
    KELLEY MORTGAGE, LLC
    Similarity Rank: 336
    Christian Community Credit Union
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    First Credit Union
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    SAFE 1 CREDIT UNION
    Similarity Rank: 393
    Credence Funding Corporation
    Similarity Rank: 404
    AltaOne Federal Credit Union
    Similarity Rank: 444
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 624
    First Vision Bank of Tennessee
    Similarity Rank: 657
    ALOHA PACIFIC
    Similarity Rank: 670

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,934 $640,130,000 $330,988 $4,738 3.20%
    FHA 451 $138,025,000 $306,042 $10,954 3.57%
    VA 139 $61,875,000 $445,144 $9,591 2.80%
    FHA 61 $13,225,000 $216,803 $0 2.78%
    USDA 12 $2,270,000 $189,167 $6,168 3.25%
    Reverse Mortgage 5 $1,355,000 $271,000 $0 2.65%

    For 2021, Data Mortgage's most frequently originated type of loan was Conventional, with 1,934 originations. Their 2nd most popular type was FHA, with 451 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,352 $428,060,000 $316,612 $7,015 3.35%
    Refi 727 $245,945,000 $338,301 $4,636 2.99%
    Cash Out Refi 522 $182,870,000 $350,326 $5,696 3.26%
    Other 1 $5,000 $5,000 $250 6.00%

    For 2021, Data Mortgage's most frequently cited loan purpose was Home Purchase, with 1,352 originations. The 2nd most popular reason was Refi, with 727 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,203 $778,795,000 $353,516 $6,637 3.19%
    15 Year 125 $33,825,000 $270,600 $4,013 2.57%
    10 Year 110 $2,790,000 $25,364 $429 5.71%
    Other 99 $22,325,000 $225,505 $2,583 2.46%
    20 Year 65 $19,145,000 $294,538 $3,917 2.89%

    For 2021, Data Mortgage's most frequently cited loan duration was 30 Year, with 2,203 originations. The 2nd most popular length was 15 Year, with 125 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,118 $393,720,000 $352,165
    $<1k 367 $64,395,000 $175,463
    $5k+ 348 $161,450,000 $463,937
    $2k-3k 344 $101,680,000 $295,581
    $3k-4k 225 $73,945,000 $328,644
    $4k-5k 134 $47,110,000 $351,567

    Data Mortgage's average total fees were $6,637, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,118 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,337 $480,545,000 $359,420
    2.5-3% 681 $246,515,000 $361,990
    <2.5% 291 $63,405,000 $217,887
    4-5% 188 $61,700,000 $328,191
    5-6% 90 $4,310,000 $47,889
    6-7% 15 $405,000 $27,000

    During 2021, Data Mortgage's average interest rate for loans was 3.19%, while their most frequently originated rate bucket for loans was 3-4%, with 1,337 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,268 $373,330,000 $294,424 $6,419 3.30%
    $400k-600k 575 $277,345,000 $482,339 $7,057 3.19%
    $100k-200k 330 $51,950,000 $157,424 $4,622 3.27%
    $100,000 or less 240 $4,650,000 $19,375 $442 2.92%
    $600k-1MM 163 $118,855,000 $729,172 $9,910 3.22%
    $1MM+ 26 $30,750,000 $1,182,692 $15,714 3.57%

    2021 saw Data Mortgage place emphasis on $200k-400k loans with 1,268 originations, totaling $373,330,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 629 $153,725,000 $244,396 $5,970 3.22%
    $100k-150k 570 $219,130,000 $384,439 $6,392 3.27%
    $75k-100k 481 $143,925,000 $299,220 $6,093 3.32%
    $50k or less 438 $99,950,000 $228,196 $5,387 3.16%
    $150k-250k 323 $155,475,000 $481,347 $6,111 3.19%
    $250k+ 133 $74,295,000 $558,609 $7,665 3.26%

    Data Mortgage lent most frequently to those with incomes in the $50k-75k range, with 629 originations. The second most popular income band? $100k-150k, with 570 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 372 $131,020,000 $352,204 $6,043 3.17%
    20-30% 356 $110,370,000 $310,028 $4,584 3.13%
    <20% 221 $32,275,000 $146,041 $1,922 2.93%
    50-60% 196 $61,570,000 $314,133 $10,850 3.42%
    49% 138 $49,420,000 $358,116 $7,399 3.36%
    44% 129 $43,485,000 $337,093 $6,414 3.34%
    42% 106 $40,240,000 $379,623 $6,433 3.36%
    47% 102 $34,160,000 $334,902 $6,388 3.33%
    46% 95 $34,035,000 $358,263 $7,038 3.22%
    41% 95 $35,845,000 $377,316 $6,254 3.22%
    45% 94 $32,030,000 $340,745 $6,498 3.50%
    48% 93 $37,465,000 $402,849 $7,619 3.31%
    43% 90 $31,020,000 $344,667 $6,595 3.36%
    >60% 83 $30,105,000 $362,711 $6,175 2.83%
    40% 83 $31,795,000 $383,072 $5,451 3.24%
    39% 81 $29,295,000 $361,667 $6,718 3.44%
    36% 81 $28,035,000 $346,111 $5,809 3.24%
    38% 81 $25,845,000 $319,074 $6,176 3.51%
    37% 70 $26,290,000 $375,571 $6,160 3.42%

    Data Mortgage lent most frequently to those with DTI ratios of 30-36%, with 372 originations. The next most common DTI ratio? 20-30%, with 356 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,975 $644,905,000 $326,534 $6,004 3.23%
    Not provided 230 $79,600,000 $346,087 $6,488 3.11%
    Asian 170 $73,590,000 $432,882 $6,299 3.27%
    Black 171 $43,195,000 $252,602 $6,416 3.29%
    Not applicable 24 $6,100,000 $254,167 $7,654 3.64%
    American Indian 21 $5,685,000 $270,714 $6,716 3.60%
    Native Hawaiian or Islander 11 $3,805,000 $345,909 $7,036 3.39%

    Approval Rates

    Total approvals of all applications
    99.99%

    Data Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,602 $856,880,000 $329,316

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,602 $856,880,000 $329,316

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 153 $42,505,000 $277,810 $4,582 3.02%
    40-60% 443 $150,635,000 $340,034 $4,633 3.00%
    60-80% 744 $285,610,000 $383,884 $5,622 3.28%
    80-100% 993 $356,955,000 $359,471 $8,394 3.43%
    Over 100% 20 $9,390,000 $469,500 $16,769 3.11%
    Under 20% 231 $5,255,000 $22,749 $361 2.90%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Data Mortgage Inc. Conventional home mortgage Struggling to pay mortgage 1 9.1%
    Data Mortgage Inc. Conventional home mortgage Trouble during payment process 1 9.1%
    Data Mortgage Inc. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 9.1%
    Data Mortgage Inc. FHA mortgage Closing on a mortgage 1 9.1%
    Data Mortgage Inc. FHA mortgage Incorrect information on your report 1 9.1%
    Data Mortgage Inc. FHA mortgage Struggling to pay mortgage 4 36.4%
    Data Mortgage Inc. FHA mortgage Trouble during payment process 2 18.2%